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Ashok Leyland set to rev up its West Asia growth plans
Business Standard
|August 21, 2025
Driven by rising share of export market sales, Hinduja Group's Indian flagship company Ashok Leyland is set to expand its footprint in West Asia with a new manufacturing unit in Saudi Arabia.
Chairman Dheeraj Hinduja told Business Standard that the company is in the final stages of coming up with a new unit in the region. It would have a product mix of electric buses, light trucks and conventional vehicles. Though the plan is to start as an assembly unit initially, depending on the demand, it may go for localisation, going ahead. He added that 2025-26 is set to be the best year for the company's exports.
This comes at a time when exports witnessed a massive surge of 30 per cent year-on-year (Yo-Y) to 15,255 units in FY25. Of this, around 40 per cent came from the Gulf Cooperation Council (GCC) region, according to company sources.
Adding to this success, export volume increased by 29 per cent during the first quarter of the current financial year, as the entire commercial vehicle industry is seeing flat growth.
Denne historien er fra August 21, 2025-utgaven av Business Standard.
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